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Why Hiring a Tax Pro Boosts Your Small Business (and Saves You Money)

MyIRSRelief

They stay current on the latest regulations, ensuring your business maximizes legal tax breaks on forms like 1120, 1120S, and 1065, while minimizing liabilities. Compliance Navigation: Tax compliance goes far beyond just filing. Tax Planning and Strategy: A skilled tax professional is more than just a filing machine.

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The Benefits of Delayed Business Filings

CPA Practice

Administrative considerations: If administrative or logistical challenges could cause delays, planning for a later filing date may provide the necessary time to address and overcome these issues. States with tighter schedules include Illinois and New York (up to 60 days) and Virginia (up to 15 days).

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Year-End Business Tax Strategy for Skagit County SMB Owners

SkagitCountyTaxServices

Believe it or not, you have until the extended due date of your 2021 federal return to establish a qualified retirement plan and fund the plan for this year. Year End Business Tax Strategy #2: Timing’s everything. You want that money sooner so you can be taxed on it in 2021. Will your tax rate be higher in 2022?

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Friday Footnotes: IRS Chief Hoping for ‘Financial Sacrifice’; PwC Spin-Off Layoff; KPMG Unites Deals and Other Deals | 10.27.23

Going Concern

IRS encourages employers to electronically file payroll tax returns [ IRS Newsroom ] The Internal Revenue Service today reminded employers that the best way to file their next quarterly payroll tax return by the Oct. There are only 1300 Enrolled Agents in Washington State. 31, 2023, due date is electronically.

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